And when the chickens that didn't hatch come home to roost, we will rue the day when, misled by sloppy accounting and rosy scenarios, we gave away the national nest egg.
Paul Krugman[D]ebt increases that didn't arise either from war or from extraordinary financial crisis are entirely associated with hard-line conservative governments.
Paul KrugmanI think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.
Paul KrugmanThe real danger with debt is what happens if lots of people decide, or are forced, to pay it off at the same time.
Paul Krugman